Announced Fri, 14 Aug · 08:24 IST
Open Offer triggered for RR MetalMakers at Rs 23.85 per share
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹67.81
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.9-5.9-7.7-9.6-11.4—————
Up moveDown movePending
AI summary
Acquirers RB International Holdings, Suyog Desai and Nikita Desai will buy up to 23.42 lakh shares (26% of equity) from public shareholders of RR MetalMakers at Rs 23.85 per share, total Rs 5.59 crore. Offer runs Sep 23 to Oct 7, 2026. Triggered by an SPA to acquire 70.66% from promoters Virat Shah and Alok Shah at the same price. Stock is under ESM-2 surveillance.
Likely market impact
Public shareholders can tender shares at Rs 23.85. Stock is under ESM-2 surveillance and public shareholding may fall below 25% after deal.